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Thread: Signing bonus? help

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    #1

    Question Signing bonus? help

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    df is Army (just in case that makes a difference) and i was just wondering how and when he gets his signing bonus? is it lump sum after hes finished with all his training or is it distributed with his basic pay...?
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    #2
    anyone?
  3. justasking4today
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    My boyfriend told me it's after you finish basic but I'm not sure because he's still going through basic right now.
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    usually once you check into your regular command it is about 90 days after that. I'm not sure about sign on bonuses if it is one lump sum ( with 28% tax taken out of course) or if they do half up front and then payments once a year.


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  5. Purpur
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    depends on how he agreed to get it when he signed his contract.
    It's normally a lump sum couple of months after he gets to his first post. But if he signed for it to be spread out over his contract....he'll get a chunk at 2-3 months after graduation, and every year after.


    or what rosebud* said.....
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    Quote Originally Posted by rosebud* View Post
    usually once you check into your regular command it is about 90 days after that. I'm not sure about sign on bonuses if it is one lump sum ( with 28% tax taken out of course) or if they do half up front and then payments once a year.

    28% holy crap thats a lot! is it really that much?
    actually now that i think about it i vaguely remember df saying something about getting half after graduation and the rest spread out... i hope he gets some after grad because were gonna need it
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    Quote Originally Posted by armygirl8714 View Post
    28% holy crap thats a lot! is it really that much?
    actually now that i think about it i vaguely remember df saying something about getting half after graduation and the rest spread out... i hope he gets some after grad because were gonna need it
    yes anytime you get any kind of bonus that is not part of your regular pay it is taxed at the luxury tax amount. 28%


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    Quote Originally Posted by rosebud* View Post
    yes anytime you get any kind of bonus that is not part of your regular pay it is taxed at the luxury tax amount. 28%


    "I'll take "Military Pay" for a thousand dollaz, Mr. Trebeck"
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    Quote Originally Posted by leftover View Post


    "I'll take "Military Pay" for a thousand dollaz, Mr. Trebeck"


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    oh i forgot to mention you probably will not get any after grad since he has to put in the paperwork and that usually only happens once they get somewhere permanent.


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